中信证券：TV面板价格阶段回落 后续供需有望持续改善

Group 1 - The core viewpoint of the article is that TV panel prices are expected to gradually recover after a period of decline, driven by improved supply and demand dynamics in the market [1] - Short-term factors contributing to this recovery include stable tariff policies, inventory reduction by TV manufacturers during mid-year promotions, and low operating rates of TV panels [1] - The mobile phone market is entering a consumption peak season, with Apple adopting LTPO panels across its product line, which is expected to drive structural upgrades in the industry [1] Group 2 - The long-term outlook for the panel industry remains positive, with a favorable competitive landscape and the trend towards larger sizes helping to push the supply-demand balance upwards [1] - Cost reductions through domestic production and the gradual exit of depreciation costs are anticipated to accelerate profit release for leading panel manufacturers [1]